State Pension

The State Pension is a regular payment you can get from the government when you reach a certain age.

State Pension age

The age you can get State Pension depends on when you were born. You can check when you will reach State Pension age at gov.uk/calculate-state-pension or by calling the Future Pension Centre on 0345 3000 168.

There are currently different State Pension ages for men and women. The State Pension age for men is 65. The State Pension age for women from April 2016 is 63. It has been increasing gradually from 60, and will reach 65 by November 2018.

After December 2018, the State Pension age for both men and women will start increasing in stages. It will reach:

  • 66 by October 2020
  • 67 between 2026 and 2028.

The new State Pension

A new State Pension has been introduced for people who reach State Pension age after 6 April 2016. The aim of this change is to simplify the State Pension. 

You will usually need to have paid National Insurance for at least 10 years to get any State Pension, and for up to 35 years to get the new full State Pension. The new State Pension pays £155.65 a week. The amount you get depends on how many years you paid National Insurance for.

You do not have to claim the new State Pension as soon as you reach State Pension age. By choosing to claim later, you could get more money when you do claim.

For more information visit gov.uk/new-state-pension

If you reached State Pension age before 6 April 2016

If you reached State Pension age before 6 April 2016, there are two parts to State Pension:

  • basic State Pension
  • Additional State Pension.

Under these rules, to get the full basic State Pension, you need to have paid National Insurance for at least 30 years. If you have paid less National Insurance than this, you may still be able to get some State Pension, but the amount will be lower.

The highest amount of basic State Pension you can currently get is £115.95 a week. Depending on how much National Insurance you have paid, you may be able to get more. This is known as Additional State Pension.

If you have a private pension, we have more information in our pensions section.

Don’t feel stupid having to ask what you are entitled to. The situation arrives so quickly – you don’t have time to plan for it like a normal retirement.

Ian

Back to Benefits for people of pension age

Pension Credit

Pension Credit is a benefit for people who have reached pension age and have a low income.